Singapore can be No 1 fintech hub, says Citi official

Singapore

IN a recent report on the top fintech (financial technology) hubs in the world, audit, consulting and financial advisory firm Deloitte said Singapore is a "serious contender for the global number one spot in fintech".

Agreeing with this assessment, Anand Selvakesari, Citibank's Asia Pacific head for global consumer banking, told The Business Times that the republic "is well positioned to be a leading fintech hub as it is already a springboard for digital innovation with the strong support from the government".